Global energy prices are projected to rise dramatically, culminating in the biggest price jump in commodities in nearly half a century, the World Bank has warned. According to the bank’s April Commodity Markets Outlook report, global energy prices, which have already seen a dramatic surge due to ongoing Covid-19 lockdowns …
Read More »
The bank’s head of commodities research, Eugen Weinberg, told CNBC that “The excess liquidity in the system, it is likely to create bubbles not only in silver but also probably commodities and other asset classes going forward.” He suggested that the vast liquidity made available by central banks in the …
Read More »
The growth rate of industrial production in 2018 slowed almost to zero While Rosstat reports a nearly 3% rise in industrial production in the country, surveys of top managers of industrial enterprises suggests otherwise – about the further degradation of the situation in the real sector of the economy. Thus, …
Read More »